Headquartered in Los Angeles with offices in Boston and New York, Cottonwood focuses on U.S. real estate opportunities with outsized, risk-adjusted absolute return potential. Cottonwood specializes in large-scale, highly structured and complex investments with substantial barriers of entry characteristics that can leverage its core competencies: full capital stack investment flexibility, broad asset class expertise, in-house development and operational capabilities, and diverse core disciplines. As of the end of 2019, the firm has over US$3bn in AUM.